Civic Intelligence

Raising Hope Inc.

990 • Fiscal year 2021 • EIN 37-1460341

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 27, 2022

Organization ProfileRAISINGHOPEINC.ORG

View Organization Page

109 Daboll StreetProvidence, RI 02907

(401) 316-1057

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.14x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

0.06x

Higher debt load relative to revenue than 58% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

58th percentile

17%

Higher net margin than 58% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

84th percentile

$85,881

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

63rd percentile

19%

Faster asset growth than 63% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

45th percentile

8.7%

Faster revenue growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$399,339

Up $62,467 (+19%) from 2020

Net Assets

Up

$343,610

Up $158,969 (+86%) from 2020

Liabilities

Down

$55,729

Down $96,502 (-63%) from 2020

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin58th percentile

Revenue

Up

$898,696

Up $71,831 (+8.7%) from 2020

Expenses

Up

$743,299

Up $75,014 (+11%) from 2020

Net Income

Down

$155,397

Down $3,183 (-2.0%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $4,276Net Assets 2010: $4,2762010Assets 2012: $4,205Net Assets 2012: $4,2052012Assets 2013: $3,888Net Assets 2013: $3,8882013Assets 2014: $3,144Net Assets 2014: $3,1442014Assets 2015: $2,777Net Assets 2015: $2,7772015Assets 2016: $891Net Assets 2016: $8912016Assets 2017: $9,437Net Assets 2017: $9,4372017Assets 2019: $32,803Liabilities 2019: $6,742Net Assets 2019: $26,0612019Assets 2020: $336,872Liabilities 2020: $152,231Net Assets 2020: $184,6412020Assets 2021: $399,339Liabilities 2021: $55,729Net Assets 2021: $343,6102021Assets 2022: $746,044Liabilities 2022: $60,154Net Assets 2022: $685,8902022Assets 2023: $541,480Liabilities 2023: $27,500Net Assets 2023: $513,9802023Assets 2024: $340,294Liabilities 2024: $0Net Assets 2024: $340,2942024

Highlighted filing

2021

Assets$399,339
Liabilities$55,729
Net Assets$343,610
Open 2021 Filing

Operations Trend

Revenue Growth45th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $44,922Expenses 2010: $43,770Net Income 2010: $1,1522010Revenue 2012: $12,829Expenses 2012: $17,016Net Income 2012: -$4,1872012Revenue 2013: $5,000Expenses 2013: $5,317Net Income 2013: -$3172013Revenue 2014: $5,000Expenses 2014: $5,320Net Income 2014: -$3202014Revenue 2015: $8,485Expenses 2015: $7,344Net Income 2015: $1,1412015Revenue 2016: $13,950Expenses 2016: $13,329Net Income 2016: $6212016Revenue 2017: $16,375Expenses 2017: $7,829Net Income 2017: $8,5462017Revenue 2019: $479,442Expenses 2019: $461,438Net Income 2019: $18,0042019Revenue 2020: $826,865Expenses 2020: $668,285Net Income 2020: $158,5802020Revenue 2021: $898,696Expenses 2021: $743,299Net Income 2021: $155,3972021Revenue 2022: $1,311,261Expenses 2022: $968,981Net Income 2022: $342,2802022Revenue 2023: $1,213,397Expenses 2023: $1,195,256Net Income 2023: $18,1412023Revenue 2024: $1,160,503Expenses 2024: $1,219,857Net Income 2024: -$59,3542024

Highlighted filing

2021

Revenue$898,696
Expenses$743,299
Net Income$155,397
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 27, 2022
Return Version
2021v4.1
Gross Receipts
$898,696
Mission and Program Overview

Mission

Afterschool/out-of-school activ

To provide homecare and family services to the eldrly persons and individuals with disability and to provide youth development activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$223,940$302,218▲ $78,278
Rtn Earn Endowment Incm Other Fnds$184,641--
Cash and Non-Interest-Bearing Accounts$112,932$97,121▼ $15,811
Loans From Officers Directors$6,742$729▼ $6,013
Total Assets$336,872$399,339▲ $62,467
Liabilities
Unsecured Notes Loans Payable$145,489$55,000▼ $90,489
Total Liabilities$152,231$55,729▼ $96,502
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$184,641$343,610▲ $158,969
Total Net Assets Fund Balance$184,641$343,610▲ $158,969
Total Liabilities and Net Assets / Fund Balance$336,872$399,339▲ $62,467

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$246,188$180$78,278
Land$56,030--
Equipment-$5,567-
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleBaseTotal
Isaac OgbomoEx Director$85,881$85,881

Board Members and Trustees

NameTitle
Rochelle LeeChairman
F DomondDirector
F MythilDirector
Gordie DanielsDirector
Isaac OgbomoExec Director
M Ighile-ojoClerk
M Ighile-ojoSecretary
A OlagunjuTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Raphael Okoye CPAAccounting Services1210 HYDE PARK AVENUE STE1, Hyde Park, MA 02136$6,160
Revenue and Support

Revenue Composition

Contributions and Grants
$88,500
Program Service Revenue
$810,196
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$155,397
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$656,363
Other Expenses$86,936
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$525,009--$525,009
Current Officers, Directors, Trustees, and Key Employees$85,881--$85,881
Payroll Taxes$45,473--$45,473
All Other Expenses$32,024--$32,024
Insurance$17,349--$17,349
Office Expenses$13,771--$13,771
Occupancy$13,123--$13,123
Fees for Services Accounting$6,160--$6,160
Other Expenses$3,383--$3,383
Advertising$757--$757
Depreciation Depletion$180--$180
Total Functional Expenses$743,299$0$0$743,299
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$6,742$729▼ $6,013
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990-part VI-sec B-line12

“The following ways- 1 it ensures that board members and officers acknowledge receipt and understanding of its conflict of interest policy 2.it encourage and monitors disclosure of transactions”

Form 990-part VI-line-12C-continued

“May give rise to conflict of interest. 3.board members and officers are required to certify that they have not engaged in any transactions that may result”

Form 990-part VI-line-12C-continued

“IN CONFLICT OF INTEREST.”

Form 990-part VI-line-15B

“Compensation is determined based on thorough analysis and review of wages paid to officers of similar nonprofit agencies in the state and must be approved by the board.”

Filing and Contact Details

Filer

Filer Name
Raising Hope Inc
EIN
37-1460341
Address
109 DABOLL STREET, PROVIDENCE, RI 02907

Signing Officer

Name
Isaac Ogbomo
Title
Executive Director
Phone
4013161057
Signed
2022-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Isaac Ogbomo
Formed
2003
Legal Domicile
Ri
Voting Board Members
7
Independent Board Members
6
Employees
38

Preparer

Firm
Rcm Tax Services Inc
Address
1210 HYDE PARK AVENUE, HYDE PARK, MA 02136
Preparer
Raphael C Okoye CPA
Phone
6173339754
Supplemental Narrative

Additional Explanations

Form 990-partvi-sec B-line-12

“The governing instrument,conflict of interest policies and financial statements are made available to the public upon request and are disclosed on the organization's website. It monitors compliance with conflict of interest policy in”

Form 990-partiv Line-11B

“Form 990 is reviewed by the finance committee and the board prior to filing.”

Form 990 Page 1-part111 Line26

“Liablities:loan from sba total-$55,000”

Raw XML AppendixShowing 400 of 410 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE HOMECARE AND FAMILY SERVICES TO THE ELDRLY PERSONS AND INDIVIDUALS WITH DISABILITY AND TO PROVIDE YOUTH DEVELOPMENT ACTIVITIES.
IRS990/AdvertisingGrp/ProgramServicesAmt0757
IRS990/AdvertisingGrp/TotalAmt0757
IRS990/AllOtherExpensesGrp/ProgramServicesAmt032024
IRS990/AllOtherExpensesGrp/TotalAmt032024
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ISAAC OGBOMO
IRS990/BooksInCareOfDetail/PhoneNum04013161057
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0109 DABOLL ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0PROVIDENCE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002907
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0112932
IRS990/CashNonInterestBearingGrp/EOYAmt097121
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt085881
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt085881
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt06160
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01210 HYDE PARK AVENUE STE1
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0HYDE PARK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd002136
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0RAPHAEL OKOYE CPA
IRS990/ContractorCompensationGrp/ServicesDesc0ACCOUNTING SERVICES
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt088500
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt086936
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0810196
IRS990/CYRevenuesLessExpensesAmt0155397
IRS990/CYSalariesCompEmpBnftPaidAmt0656363
IRS990/CYTotalExpensesAmt0743299
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0898696
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0180
IRS990/DepreciationDepletionGrp/TotalAmt0180
IRS990/Desc0PROVIDE HOME HEALTH CARE AND FAMILY CARE SERVICES TO 26 ELDERLY
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt038
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/ExpenseAmt0743299
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06160
IRS990/FeesForServicesAccountingGrp/TotalAmt06160
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0ROCHELLE LEE
IRS990/Form990PartVIISectionAGrp/PersonNm1M IGHILE-OJO
IRS990/Form990PartVIISectionAGrp/PersonNm2A OLAGUNJU
IRS990/Form990PartVIISectionAGrp/PersonNm3GORDIE DANIELS
IRS990/Form990PartVIISectionAGrp/PersonNm4F MYTHIL
IRS990/Form990PartVIISectionAGrp/PersonNm5F DOMOND
IRS990/Form990PartVIISectionAGrp/PersonNm6ISAAC OGBOMO
IRS990/Form990PartVIISectionAGrp/PersonNm7ROCHELLE LEE
IRS990/Form990PartVIISectionAGrp/PersonNm8M IGHILE-OJO
IRS990/Form990PartVIISectionAGrp/PersonNm9A OLAGUNJU
IRS990/Form990PartVIISectionAGrp/PersonNm10GORDIE DANIELS
IRS990/Form990PartVIISectionAGrp/PersonNm11F MYTHIL
IRS990/Form990PartVIISectionAGrp/PersonNm12F DOMOND
IRS990/Form990PartVIISectionAGrp/PersonNm13ISAAC OGBOMO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1385881
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXEC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt8CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EX DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt088500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0898696
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt017349
IRS990/InsuranceGrp/TotalAmt017349
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05767
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0223940
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0302218
IRS990/LandBldgEquipCostOrOtherBssAmt0307985
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt06742
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0729
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE HOME HEALTH CARE AND FAMILY SERVICES TO THE ELDERLY AND AFRO-CARIBBEAN DRUMMING WORKSHOPS TO YOUTH AND CULTURAL ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0184641
IRS990/NetAssetsOrFundBalancesEOYAmt0343610
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0184641
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0343610
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt013123
IRS990/OccupancyGrp/TotalAmt013123
IRS990/OfficeExpensesGrp/ProgramServicesAmt013771
IRS990/OfficeExpensesGrp/TotalAmt013771
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0BANK CHARGES
IRS990/OtherExpensesGrp/Desc1COMPUTER EXPENSES
IRS990/OtherExpensesGrp/Desc2DUES/SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt086
IRS990/OtherExpensesGrp/ProgramServicesAmt1103
IRS990/OtherExpensesGrp/ProgramServicesAmt23383
IRS990/OtherExpensesGrp/TotalAmt086
IRS990/OtherExpensesGrp/TotalAmt1103
IRS990/OtherExpensesGrp/TotalAmt23383
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0525009
IRS990/OtherSalariesAndWagesGrp/TotalAmt0525009
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt045473
IRS990/PayrollTaxesGrp/TotalAmt045473
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ISAAC OGBOMO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0810196
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0810196
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05233
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt068109
IRS990/PYProgramServiceRevenueAmt0821632
IRS990/PYRevenuesLessExpensesAmt0158580
IRS990/PYSalariesCompEmpBnftPaidAmt0600176
IRS990/PYTotalExpensesAmt0668285
IRS990/PYTotalRevenueAmt0826865
IRS990/ReconcilationRevenueExpnssAmt0155397
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0898696
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0184641
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0898696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0826865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0479442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt061288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt016375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02282666
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02282666
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0898696
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0826865
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0479442
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt061288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt016375
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02282666
IRS990ScheduleA/TotalSupportAmt02282666
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0246188
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0180
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0168090
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt078278
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05567
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt05567
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt056030
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt056030
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0302218
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0729
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt06742
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ISAAC OGBOMO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0729
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING INSTRUMENT,CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ARE DISCLOSED ON THE ORGANIZATION'S WEBSITE. IT MONITORS COMPLIANCE WITH CONFLICT OF INTEREST POLICY IN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOLLOWING WAYS- 1 IT ENSURES THAT BOARD MEMBERS AND OFFICERS ACKNOWLEDGE RECEIPT AND UNDERSTANDING OF ITS CONFLICT OF INTEREST POLICY 2.IT ENCOURAGE AND MONITORS DISCLOSURE OF TRANSACTIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MAY GIVE RISE TO CONFLICT OF INTEREST. 3.BOARD MEMBERS AND OFFICERS ARE REQUIRED TO CERTIFY THAT THEY HAVE NOT ENGAGED IN ANY TRANSACTIONS THAT MAY RESULT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS DETERMINED BASED ON THOROUGH ANALYSIS AND REVIEW OF WAGES PAID TO OFFICERS OF SIMILAR NONPROFIT AGENCIES IN THE STATE AND MUST BE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LIABLITIES:LOAN FROM SBA TOTAL-$55,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-PARTVI-SEC B-LINE-12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-PART VI-SEC B-LINE12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-PART VI-LINE-12C-CONTINUED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-PART VI-LINE-12C-CONTINUED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-PARTIV LINE-11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-PART VI-LINE-15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PAGE 1-PART111 LINE26
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0336872
IRS990/TotalAssetsEOYAmt0399339
IRS990/TotalAssetsGrp/BOYAmt0336872
IRS990/TotalAssetsGrp/EOYAmt0399339
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt088500
IRS990/TotalEmployeeCnt038
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0743299
IRS990/TotalFunctionalExpensesGrp/TotalAmt0743299
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0152231
IRS990/TotalLiabilitiesEOYAmt055729
IRS990/TotalLiabilitiesGrp/BOYAmt0152231
IRS990/TotalLiabilitiesGrp/EOYAmt055729
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0184641
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0343610
IRS990/TotalProgramServiceExpensesAmt0743299
IRS990/TotalProgramServiceRevenueAmt0810196
IRS990/TotalReportableCompFromOrgAmt085881
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0810196
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0898696
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0336872
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0399339
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0145489
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt055000
IRS990/USAddress/AddressLine1Txt0109 DABO STREET
IRS990/USAddress/CityNm0PROVIDENCE
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002907
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0RAISINGHOPEINC.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ISAAC OGBOMO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04013161057
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAISING HOPE INC
ReturnHeader/Filer/BusinessNameControlTxt0RAIS
ReturnHeader/Filer/EIN0371460341
ReturnHeader/Filer/USAddress/AddressLine1Txt0109 DABOLL STREET
ReturnHeader/Filer/USAddress/CityNm0PROVIDENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002907
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270189040
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RCM TAX SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01210 HYDE PARK AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HYDE PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002136

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$399,339
Liabilities
$55,729
Net assets
$343,610
Revenue
$898,696
Expenses
$743,299
Net income
$155,397
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$1.16$1.22$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.03$0.51$1.21$1.20$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.06$0.69$1.31$0.97$0.34
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.06$0.34$0.90$0.74$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.15$0.18$0.83$0.67$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.03$0.48$0.46$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.02$0.01$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.01$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.01$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.01$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.01$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.01$0.02$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.04$0.04$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $500k-$1M nonprofits